What does the authority of quotation repurchase business mean?
Cash management tools provided by securities companies to customers. The authority of quotation repurchase business is that the securities company takes its own assets that meet the requirements as collateral, and the amount corresponding to the number of standard bonds converted from the collateral as the financing amount, and integrates funds into qualified customers of the securities company through quotation, stipulating that the securities company will return the integrated funds to the customers and pay the corresponding income when the repurchase expires.